{"id":8678,"date":"2012-04-11T13:15:54","date_gmt":"2012-04-11T13:15:54","guid":{"rendered":"http:\/\/www.faceofmalawi.com\/?p=8678"},"modified":"2012-04-11T13:15:54","modified_gmt":"2012-04-11T13:15:54","slug":"ghana-and-nigeria-among-worlds-fastest-growing-economies-in-20122013","status":"publish","type":"post","link":"https:\/\/new.faceofmalawi.com\/index.php\/2012\/04\/11\/ghana-and-nigeria-among-worlds-fastest-growing-economies-in-20122013\/","title":{"rendered":"Ghana and Nigeria among world\u2019s fastest growing economies in 2012\/2013"},"content":{"rendered":"<p> The west African nations of Ghana and Nigeria are expected to be among the world\u2019s fastest growing economies in 2012, according to an emailed research note by Charles Robertson, global chief economist at Renaissance Capital.<\/p>\n<p>Robertson\u2019s data comprises consensus forecasts and the latest estimates of gross domestic product (GDP) growth figures.<\/p>\n<p>In 2011, Ghana was the fastest growing economy from a total of 43 markets included in Renaissance\u2019s graphs. This growth was largely off the back of Ghana\u2019s new oil industry. Nigeria had the 6th highest GDP growth, ahead of India. In 2012, Ghana is again expected to show the strongest GDP growth, with Nigeria in 4th position.<\/p>\n<p>However, next year Ghana\u2019s growth will slow down, while Nigeria is likely to remain in 4th position. \u201cFinally Ghana shifts out of overdrive and gives Asia a chance to shine a little \u2013 though personally I doubt China will be growing at 9% in 2013. Around 7% to 8% looks more realistic, if only due to base effects,\u201d notes Robertson.<\/p>\n<p>In 2013, South Africa, the continent\u2019s largest economy, is likely to grow faster than Australia. \u201cIt might be a good time for the South Africans who emigrated to Australia to sell up their inflated property prices, sell the overvalued AUD and move back to South Africa,\u201d says Robertson.<\/p>\n<p>\u201cA lot of the emerging Europe, Middle East and Africa economies we cover are doing an awful lot better than most give them credit for. Helped by Nigeria, Kazakhstan and Ghana, they take two to three places in the top 5 in 2011-13. South Africa consistently beats development market commodity exporters,\u201d says Robertson.<\/p>\n<p><a href=\"http:\/\/www.faceofmalawi.com\/wp-content\/uploads\/2012\/04\/economic_growth235x140.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.faceofmalawi.com\/wp-content\/uploads\/2012\/04\/economic_growth235x140.jpg\" alt=\"\" title=\"economic_growth235x140\" width=\"235\" height=\"140\" class=\"aligncenter size-full wp-image-8682\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The west African nations of Ghana and Nigeria are expected to be among the world\u2019s fastest growing economies in 2012, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8682,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[207],"tags":[699,573,773,1695],"class_list":["post-8678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-2","tag-africa","tag-economy","tag-ethiopia","tag-ghana"],"_links":{"self":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts\/8678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/comments?post=8678"}],"version-history":[{"count":0,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts\/8678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/media?parent=8678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/categories?post=8678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/tags?post=8678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}